Buyer steps in to save MyWorld

An anonymous American company has completed the purchase of Project Myworld from collapsed studio Realtime Worlds, Develop can reveal.

The move has permanently split Realtime Worlds into at least two segments – with numerous potential buyers eyeing up scattered portions of the company that are still deemed profitable.

It is still a possibility that the new US owner will only buy Project Myworld’s IP and game build. What's equally possible is that a new spin off studio will rise from Realtime Worlds’ ashes under American ownership, though it is also feasible that the developer’s US satellite studio will be bought as part of the Myworld deal.

MCV is the leading trade news and community site for all professionals working within the UK and international video games market. It reaches everyone from store manager to CEO, covering the entire industry. MCV is published by NewBay Media, which specialises in entertainment, leisure and technology markets.